Current account balance as a proportion of GDP in Angola
Angola: Current account balance as a proportion of GDP was 6.2% in 2024. ◆ Volatile
Latest (2024)
6.2%
Change on year
up 60.0%
World rank
27th
of 204 countries
All-time high
18.2%
in 2006
All-time low
-16.0%
in 2001
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Angola, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Angola recorded 6.2% for current account balance as a proportion of gdp in 2024.
The figure is up 60.0% on the previous year and up 355.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Angola peaked at 18.2% in 2006 and was at its lowest, -16.0%, in 2001.
Angola ranks 27th of 204 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Angola, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.7% | — |
| 2001 | -16.0% | -283.7% |
| 2002 | -0.9% | -94.6% |
| 2003 | -3.5% | +308.0% |
| 2004 | 2.5% | -171.3% |
| 2005 | 12.4% | +391.9% |
| 2006 | 18.2% | +46.8% |
| 2007 | 14.5% | -20.5% |
| 2008 | 7.3% | -49.7% |
| 2009 | -9.3% | -227.3% |
| 2010 | 7.9% | -184.8% |
| 2011 | 10.4% | +32.7% |
| 2012 | 9.6% | -7.5% |
| 2013 | 5.5% | -43.2% |
| 2014 | -2.4% | -144.6% |
| 2015 | -10.0% | +310.2% |
| 2016 | -5.2% | -48.6% |
| 2017 | -0.8% | -85.4% |
| 2018 | 8.3% | -1202.6% |
| 2019 | 6.4% | -23.1% |
| 2020 | 1.5% | -76.7% |
| 2021 | 10.6% | +612.6% |
| 2022 | 9.0% | -15.1% |
| 2023 | 3.9% | -56.4% |
| 2024 | 6.2% | +60.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -16.0% | 18.2% | 10 |
| 2010s | 3.0% | -10.0% | 10.4% | 10 |
| 2020s | 6.2% | 1.5% | 10.6% | 5 |
Countries ranked near Angola
More economy & growth data for Angola
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7535 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.63 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 2.65 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1661 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 451.93 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -27.09 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.1167 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 365.18 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate -23.56 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 123.45 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Angola?
- Current account balance as a proportion of gdp in Angola was 6.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Angola?
- The highest recorded value was 18.2% in 2006.
- What is the lowest current account balance as a proportion of gdp recorded in Angola?
- The lowest recorded value was -16.0% in 2001.
- How does Angola rank for current account balance as a proportion of gdp?
- Angola ranks 27th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Angola?
- Over the last ten years it is up 355.8%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).